83 Lawrence Avenue E Toronto, Ontario M4N 1S5

$1,999,500

Rare opportunity in the heart of Lawrence Park! Detached brick legal duplex sitting on a large 50 x 150 ft lot on Lawrence Ave, surrounded by mature trees, multi-million dollar homes and some of the city's most desirable neighbourhoods and schools. Well kept, freshly painted and move-in ready, with a surprisingly private and serene setting right in the city. The property features two separate above-grade units - a vacant 2-bedroom unit ready for immediate occupancy and a 1-bedroom unit occupied by great tenants who would like to stay. Each unit has its own separate radiant floor heating system with dedicated tankless water heater. Unfinished basement offers additional space and plenty of possibilities. Huge driveway with parking for up to 10 cars, plus 4 garden sheds providing tons of outdoor storage.A great opportunity for investors, end users or builders. Live in one unit and rent the other, rent both for income, or explore the potential to build a large custom home on this substantial lot. Lawrence Ave is also designated as a Major Street under the City's new planning framework, creating potential for additional density and redevelopment. Buyer to conduct their own due diligence regarding zoning, Major Streets permissions, development potential and permitted uses. A unique property with income, land and long-term potential in one of Toronto's most established neighbourhoods. (id:55460)

Property Details

MLS® Number	C13789994
Property Type	Multi-family
Community Name	Lawrence Park South
Parking Space Total	10

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Total	3
Amenities	Fireplace(s)
Appliances	Dishwasher, Dryer, Two Stoves, Water Heater - Tankless, Washer, Two Refrigerators
Basement Development	Unfinished
Basement Features	Separate Entrance
Basement Type	N/a (unfinished), N/a
Cooling Type	Wall Unit
Exterior Finish	Brick
Fireplace Present	Yes
Fireplace Total	2
Fireplace Type	Insert
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters, Radiant Heat
Stories Total	2
Size Interior	1,500 - 2,000 Sqft
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	150 Ft
Size Frontage	50 Ft
Size Irregular	50 X 150 Ft
Size Total Text	50 X 150 Ft

https://www.realtor.ca/real-estate/30285782/83-lawrence-avenue-e-toronto-lawrence-park-south-lawrence-park-south